Quote:
Originally Posted by Dopedangel
400 * $500 = $800000.00
4000 * $500 = $8000000.00
Not a puny scam by any accounts....
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In 2007, TJ Maxx's credit card processing protocol resulted in the compromise of 45 million CC numbers. This Apple exploit is at least 0.0008% the size of that one. If it was 4,000 users instead of 400, it'd be 0.008%.
Or, there are at least 10 million iTunes accounts, meaning 0.004% of all users got nailed.
The rogue developer likely didn't get anything, since Apple only pays once a month; the CC companies will reverse the fraudulent charges. It appears that almost no one lost anything as a result, except Apple lost a bit of face.
Do you prefer the term "miniscule?"